Dismissing concerns of India facing a governance deficit, Prakash P Hinduja, chairman, advisory board of Hinduja Bank, Switzerland, said on Tuesday that the Indian economy continues to enjoy confidence of global investors.
Telugu actor-director MS Narayana passes away at 63.
The meeting will focus on how to make the crisis an opportunity for India.
Relax fiscal consolidation, boost public capex and reduce cost of finance, industry tells Centre
'We need to encourage the next generation of farmers to continue in farming'
Close on the heels of amending the Patent Law to bring in product patent regime, the government is all set to come out with a separate legislation for data protection.
Ficci stood for the voice of a defensive, traditional Indian business class.
Federation of Indian Chambers of Commerce and Industry says banning colas without following proper law will hurt India's credibility and investment climate.
Indian small and medium enterprises (SMEs) are set to go global with opportunities flowing in from all corners. After SMEs from Germany and the UK, the US has expressed willingness to invest and explore possibilities of technology transfer to Indian SMEs.
The Asian economy is likely to suffer a loss of $11-50 billion following the outbreak of severe acute respiratory syndrome epidemic, a study by industry chamber Federation of Indian Chambers of Commerce and Industry said.
With the US economy in recession, the Obama administration is coming under a domestic pressure to protect its economy by restricting outsourcing of manufacturing and services. Newly appointed US trade representative Ron Kirk said in Geneva on Wednesday that countries like India and China which are seeking leadership position in WTO should agree to give improved market access.
India and the 27-nation European Union are negotiating Broad based Trade and Investment Agreement since June 2007, but a breakthrough has not yet been achieved due to strong differences on several of the issues.
The Indian information technology industry is relieved at the US Senate's decision to block the proposed 'Creating American Jobs and Ending Offshoring Act', that sought to offer a tax holiday for employers moving jobs to the US from abroad.
Assocham report cites economic slowdown, liquidity crunch, labour shortage etc as reasons.
The stimulus packages should continue for another year or at least till October 31, he said, pointing out that the economy is yet to achieve the pre-crisis level of nine per cent.
Gujarat has registered the highest agricultural growth in real terms during the past decade leaving other states far behind, states a study conducted by Associated Chamber of Commerce and Industry (Assocham).
A delegation from Ficci explained the project to the businessmen at an India-South Africa Round Table in Johannesburg on Tuesday.
Federation of Indian Chambers of Commerce and Industry said the Reserve Bank's step may make availability of funds through external commercial borrowing route more expensive.
Since taking over at RBI on September 4, Governor Raghuram Rajan has twice hiked the repo rate -- at which the central bank lends to banks -- to 7.75 per cent, seeking to tame inflation.
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
Companies from both sides have shown interest in entering the energy, cement, healthcare, and hospitality segments. Banking is also likely to draw some interest.
A visiting Bangladeshi industry leader suggested on Friday that India would do well by allowing the entry of duty free products from its eastern neighbour and in return purchase natural gas from his country.
India and Bangladesh will hold talks on bilateral trade on July 22 where the issue of trade barriers faced by Bangladeshi exporters is likely to figure.
The study revealed that campus placements in the new b-schools has gone down by 40 per cent since 2009.
The government on Wednesday termed as "transient" the dip in export growth in August and said the trend would be known only in the coming months.
One of the papers could be on liberalising the foreign direct investment regime in the retail sector.
The recent NSG waiver, which has opened a new window for nuclear commerce in India, will benefit over 600 domestic and international firms and help draw over Rs 180,000 crore (Rs 1,800 billion) in foreign investment over the next 10-15 years, according to the Federation of Indian Chambers of Commerce and Industries (Ficci).
FICCI said India is losing billions of dollars in taxable revenue (an estimated Rs 12-20,000 crore annually) through black marketing operations in sports betting.
The issue is that though the KFCC had published 75 books on various film industry personalities, it has ignored the names of those who played villains.
Days ahead of Ratan Tata's retirement, an Associated Chambers of Commerce and Industry of India (Assocham) survey said the $100-billion Tata Group was perceived to be India's best-known global brand within and outside the country.
Majority of women surveyed by the Associated Chambers of Commerce and Industry of India said they feel unsafe, especially during night shifts, in all major economic hubs across the country.
At a time when investors are taking a "wait and watch" approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs 19,083 crore. After Palaniswami took over as chief minister in February 2017, cumulative FDI rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion by June this year. Thanks to the Tamil Nadu Business Facilitation Act, 2018, and the single window for applying and getting clearance for doing business, the ease of business issue has been addressed.
The industry body also asked for extending cost subsidies to all cold chain projects ranging from 25-50 per cent of the total cost.
The survey predicts that agricultural growth would contract by 1 per cent this fiscal, but the industry would grow by 8.5 per cent, and services by a smart 9 per cent.
Journalist Amir Mateen travelled to India to cover the India-Pakistan parliamentary dialogue hosted jointly by the Federation of Indian Chambers of Commerce and Industry and the Jinnah Institute. This is the first part of his travelogue on India
We are solid, and what we are now looking for is a steady explosion of economic cooperation between India and the US, Tarun Das tells rediff.com
The Indian industry has thus joined hands with the government in urging Americans to lift stringent export controls on high-technology transfer.
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